An operating agreement is an agreement between the members of a limited liability company that describes how the company will carry out business obligations. The agreement is necessary to avoid the default rules of state limited liability company statutes.
Executioner definition: An executioner is a person who has the job of executing criminals. | Meaning, pronunciation, translations and examples
Ordinarily, execution is achieved through a legal device known as a writ of execution. The writ serves as proof of the property owed by the defendant, who is called the Judgment Debtor, to the plaintiff, or Judgment Creditor.